Process optimization refers to the practice of improving a workflow or procedure to make it more efficient and effective. This can involve analyzing current processes, identifying bottlenecks or inefficiencies, and implementing changes to enhance performance. The goal is to reduce costs, save time, and improve quality, ultimately leading to better outcomes for businesses or organizations.
Techniques for process optimization can include Lean methodology, Six Sigma, and automation. These methods help streamline operations by eliminating waste, reducing variability, and increasing productivity. By continuously monitoring and refining processes, organizations can adapt to changing demands and maintain a competitive edge in their industry.